ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
5 Minutes With Donovan Jackson (TechLeaders Edition)
By Will McLennan in Media News on Tuesday, 01st September 2026 at 11:41am
Upfront: Nepal flood nightmare, House prices wobble, Builder contagion fears.
By Staff Writers in Media News on Tuesday, 01st September 2026 at 5:32am
Media Watch scans Chinese state reporting on Nepal/Tibet floods
By Staff Writers in Media News on Tuesday, 01st September 2026 at 7:45am
Devendra Pratap Singh elected president of IJA’s Campierganj unit
By Staff writer in Media News on Monday, 31st August 2026 at 11:02pm
Former journalist dies by suicide amid illness and financial difficulties
By Staff writer in Media News on Monday, 31st August 2026 at 10:54pm
Veteran journalist Babu Ansari appointed Rajasthan Media In-charge
By Staff writer in Media News on Monday, 31st August 2026 at 10:49pm
University of Hyderabad hosts lecture on journalism in AI era
By Staff writer in Media News on Monday, 31st August 2026 at 10:26pm
Media news latest
Marcoms news latest